Board of Directors
Board of Directors
The Board of Directors currently consists of nine members, six elected by the general meeting and three elected by the employees in Denmark. Board members elected by the general meeting are elected for the period until the next annual general meeting. Members elected by the employees are elected for a four-year term.
HENRIK BRANDT
CHAIRMAN
HENRIK AMSINCK
MEMBER OF THE BOARD
DIANNE NEAL BLIXT
MEMBER OF THE BOARD
MARLENE FORSELL
MEMBER OF THE BOARD
CLAUS GREGERSEN
MEMBER OF THE BOARD
ANDERS C. OBEL
MEMBER OF THE BOARD
LINDY LARSEN
MEMBER OF THE BOARD, ELECTED BY THE EMPLOYEES
HANNE MALLING
MEMBER OF THE BOARD, ELECTED BY THE EMPLOYEES
MOGENS OLSEN
MEMBER OF THE BOARD, ELECTED BY THE EMPLOYEES
The work of the Board of Directors follows an annual plan which is reviewed on a regular basis and adjusted if necessary. In 2021 the Board of Directors conducted six regular board meetings and a full-day strategy seminar. The Executive Management attends the meetings of the Board of Directors and when relevant also members of the Executive Board and the wider management are invited to the meetings.
Committees
The Board of Directors has established three committees: an Audit Committee, a Remuneration Commit-tee and a Nomination Committee. Each committee reports to the Board of Directors and has Rules of Procedure which describe the role and the respective tasks of the committee. The Board of Directors reviews the Rules of Procedures for the committees on an annual basis. All members of the committees are elected for a one-year term. The chairman of the Board of Directors also serves as chairman of the Nomination Committee and Remuneration Committee. The Audit Committee shall elect a chairman.
Audit Committee
The Audit Committee’s tasks include review, assessment and supervision of the Company’s financial reporting, the audit process and the internal control and risk management systems. The Audit Committee also assesses the independence of the external auditor, supervises the work of the external auditor and assesses the need for an internal audit function. The members of the Audit Committee currently are: Marlene Forsell (Chairman), Dianne Blixt and Anders Obel. All members of the Audit Committee are considered independent and have relevant financial expertise.
The Audit Committee's Rules of Procedure can be found here.
Remuneration Committee
The Remuneration Committee provides recommendations to the Board of Directors with regard to the remuneration applicable to the Board of Directors and the Executive Management for subsequent approval by the General Meeting of Shareholders. The Remuneration Committee further submits proposals for the remuneration of the Board of Directors and the Executive Management. The Remuneration Committee currently consists of three members: Henrik Brandt (Chairman), Dianne Blixt and Claus Gregersen. The members of the Remuneration Committee with the exception of Claus Gregersen qualify as being independent of the Company.
The Remuneration Committee's Rules of Procedure can be found here.
Nomination Committee
The Nomination Committee supports the Board of Directors’ decisions with respect to the nomination of the members of the Board of Directors and the appointment of members of the Executive Management. The Nomination Committee carries out the annual evaluation of the Board of Directors, assesses the structure, size and composition of the Board of Directors and the qualification, knowledge and experience of each member of both the Board of Directors and the Executive Management. It shall report its assessments to the Board of Directors. The Nomination Committee currently consists of three members: Henrik Brandt (Chairman), Dianne Blixt and Claus Gregersen. All members of the Nomination Committee with the exception of Claus Gregersen qualify as being independent.
The Nomination Committee's Rules of Procedure can be found here.
